Kane Wu
Stories by Kane Wu
China’s JD Group explores sale of HK insurance arm, seeks up to $2.5b
Potential bidders are expected to include Hong Kong conglomerate Chow Tai Fook and Asian PE firm PAG.
Stake in Tencent-backed WeBank to be auctioned after court ruling
A stake of Chinese private lender WeBank is being auctioned with a price tag of $63.63 million following a court ruling.
China’s Wanda mulls part sale of Hollywood studio Legendary Entertainment
Wanda paid $3.5 billion in early 2016 for Hollywood studio Legendary Entertainment, maker of "Pacific Rim" and "The Great Wall".
Chinese EV startup WM Motor raising $288m; Baidu may lead round
Its backers include Baidu and Tencent as well as Sequoia Capital China and government-backed investment firm China Chengtong Fund.
With record dry powder, private equity poised for Asia M&A boom
Private equity's banner year also comes as the region's companies face challenges, with trade tensions and regulatory scrutiny curbing outbound deals
HNA said to be in talks with Ant Financial, others over sale of IT unit Pactera
HNA had bought Pactera from Blackstone in 2016 for $675 million (515 million pounds) in cash.
China: Cash-strapped HNA puts property assets worth $11b for sale
Since January, HNA has sold or agreed to sell over $20 billion worth of assets, including real estate in Sydney, New York and Hong Kong.
Anbang in talks to sell Japanese real estate worth $200m to Blackstone, others
The assets on sale are part of the portfolio of apartment buildings Anbang bought from Blackstone for around $2.3 billion.
HK private equity firm PAG launches $671m unsolicited takeover bid for Spring REIT
PAG's bid for Spring REIT would value the company at $780 million, and is the latest in a long battle between the two.
